Tag: Data analytics

Juniper has identified a significant gap in the health insurance market by offering comprehensive reproductive insurance, a critical area often overlooked by conventional health plans.

Verisk, a prominent global data analytics and technology provider, has established an Advisory Board to meet the ever-evolving needs of claims organisations in the insurance industry.

New York-based InsurTech Kalepa has revealed the appointment of a Japanese industry leader to its Advisory Board.

In recent times, there has been a rapid evolution of the actuarial field amidst surging data volumes and technological advancements. Actuaries now grapple with...

Greater Than has revealed that its highly-vaunted artificial intelligence (AI) software has enabled ABAX to launch a new and autonomous car insurance broker brand.

The digital transformation of the insurance industry has been underway for many years. Carriers have drastically improved their efficiency, speed and accuracy through the implementation of new technologies. Now the sector may be looking towards data analytics to make the latest leap in the space. 

Hampden Risk Partners (HRP), a prominent Lloyd's syndicate, is making waves in the underwriting world. Optalitix, an esteemed InsurTech firm, stands out for its advanced data analytics solutions.

Akur8 and Wüstenrot Gruppe have announced a new collaboration aimed at enhancing Wüstenrot’s pricing capabilities in Austria.

The Loss Control Maturity Model has transformed the way companies think about their processes, particularly with the introduction of FinTech solutions. Risk Control Technologies has garnered insights from over 150 customers. It has found that the majority of loss control departments could have benefitted from a software platform much earlier than they realised. The primary challenge? Many didn't know where or how to initiate the journey.

Specialty insurance classes pose some of the most intricate pricing challenges in the insurance industry. Their rapidly evolving dynamics, coupled with their long-term nature, demand prices capable of standing the test of time. Gathering sufficient data for these specialty lines often proves difficult due to the nascent stage of many of these books and the inherent complexities in data collection.